Evergreen Launches Another Asia/US Service

Friday, February 24, 2006
Following congestion on the US West Coast towards the end of 2004, the pressure has been on carriers to launch additional services via the Panama Canal. The Evergreen Group has responded to this challenge by introducing new services of its own and complementing these with slot charter arrangements with other carriers.

Together with Cosco Container Lines (Coscon), Evergreen Marine Corporation (EMC) is launching a new service linking China with the southern states of the US. Designated the CUE service, it will link the ports of Shanghai, Yantian and Hong Kong with Evergreen’s Panamanian hub terminal, Colon Container Terminal (CCT), Savannah and Miami. Over CCT, Evergreen offers established feeder links to ports in Central America, the Caribbean and the north and west coasts of South America.

Using nine ships, each of around 2,700 TEU, five from Evergreen and four from Coscon, the CUE service will be operating a regular weekly schedule with effect from May but the first sailings will commence on an ad hoc basis in mid March, augmenting Evergreen’s existing Asia – US East Coast services.

Evergreen Group companies Lloyd Triestino (to be renamed Italia Marittima with effect from 1 March 2006) will also have slot allocations on the CUE service.

According to EMC’s President, Arnold Wang, the new CUE service will enhance the company’s network from the Far East to the US East Coast and Gulf area, providing sufficient slots for customers in the coming peak season:

“We believe that the West Coast may again suffer congestion in 2006 and so, together with Coscon, we are taking action now. This will allow our customers to revise their supply chain arrangements ahead of any possible problems that they may anticipate later in the year.”

The Evergreen Group already offers four direct services between Asia and the US East Coast, namely EMC’s NUE pendulum service that links Asia with North Europe via the Panama Canal and the US East Coast; two end-to-end schedules, EMC’s AUE and LT’s AUX services; and a slot share agreement with the New World Alliance, the NYX service.

Maritime Reporter March 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Carnival Sails to Profit

The world's largest cruise company Miami-based Carnival Corp reported a net profit of $49 million, or 6 cents per share in the first quarter ended Feb. 28.   That

Ukraine Arrests Turkish Ship for Visiting Crimean Port

Turkey owned merchant ship flying the flag of Tuvalu was arrested by Ukrainian authorities over a visit it made to a port in Crimea, reports Reuters. The ship's captain detained.

USCG Flush Ice down River Systems to Facilitate Shipping

The Coast Guard cutter fleet is flushing ice through the Great Lakes river systems to prevent ice jams and facilitate commercial shipping as the shipping season

Container Ships

Mediterranean Rescue Operations Strain Shipping

The Wall Street Journal ran a story yesterday describing how the increasing number of seaborne migrants making the journey from Africa to Europe has not only

Hamburg Süd Christens Third San Class Ship

Hamburg Süd christened its third container vessel in the new San class yesterday, officially naming newbuild San Vicente at the Cuenca del Plata terminal in Montevideo.

Asia-Europe Box Rates Fall Almost 6 pct

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 5.5 percent to $586 per 20-foot container (TEU) in the week ended on Friday,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Navigation Pod Propulsion Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1851 sec (5 req/sec)